Description
PROFILE Energy industry professional with over 36 years of experience in every facet of the energy industry. Expertise includes power development, oil and gas leasing, drilling, completion, midstream, well operations, processing and prospect generation, LNG, CNG, combined cycle gas turbine power plants and renewables. Deployed business units and has extensive management experience, including legal, accounting and engineering operations. Strong background in both business development and capital raising. * Project Development Lead, Combined Cycle Gas Turbine (CCGT) Power Plants: Lead Developer directing CCGT power plant siting, pipeline infrastructure support, gas supply, electrical interconnection and power offtake markets. * Corporate and Business Development: implement accretive merger and acquisition opportunities that add complementary business lines to EBITDA including gas reserves, mid-stream asset acquisitions including pipelines, wells, processing assets, NGL, coal and natural gas supply sourcing and sales transactions. Optimize existing organization implement sound business plans to grow profits. Add asset value provide sourcing and origination of tangible, value-added cash flow. Leverage long-term commercial relationships to accomplish tactical and strategic goals and gain value at close of each commercial transaction. * Marketing and Sales: manage operations develop strategy and a disciplined network approach to building long-term commercial relationships design RFPs develop products and promotions. * Commodities Trading/Risk Management: profitably negotiate both physical and financial trades utilize experience with energy derivatives, options and contracts write risk policies set credit limits for both physical and financial natural gas transactions develop financial risk models. office. Responsible for the negotiation and closure of all Appalachian-based joint ventures, farmouts / farm-ins, lease acquisitions, proved undeveloped and producing reserve and asset purchases. Negotiated and acquired >400,000 net acres of prospective CBM properties with a booked reserve PV 10 value of $215 Million and natural gas reserves of 85 BCFE. 2 Ronald P. McGlade 412.302.9103 * rpm343@comcast.net 118 Arden Road * Pittsburgh, PA * 15216 Negotiated all pipeline capacity transactions for the company in the eastern U.S. Received a Letter of Commendation from the CEO and CFO for outstanding performance and a promotion to Vice President - Business Development. Saved CDX over $35 Million and added $3.5 Million per year of EBITDA over a 10-year period. Oversight for the technology licensing for CDX in Appalachia related to directional drilling patents. Leveraged CDX technology to acquire CBM properties and participated in joint ventures and lease arrangements. Developed a commercial contact portfolio of coal, natural gas, midstream pipelines and NGL contacts that added significant financial value to CDX. Production increased from 20 to 55 MMcfpd as a result of reserve acquisitions linked to personal contacts. Managed all gas marketing efforts in Appalachia including all equity gas sales negotiations, contractual arrangements, NGL sales, pipeline capacity, pipeline operational issues including negotiating gas quality specs, processing and third-party MLP pipeline construction and transportation arrangements. office. Oversight of natural gas marketing operations, including physical and financial commodities, plant feedstock and gas supply management for the largest midstream natural gas transportation and NGL fractionation company in Appalachia. Accountable for asset identification and acquisition. Negotiated with financial institutions, including both stock syndication and financing asset acquisitions. Managed gas supply, trading and marketing operations. Generated $3.5-$4 Million net profit margins annually and lowered cost of 13 Bcf of plant feedstock gas by $3 Million per year. Negotiated producer gas contracts and purchasing plans for over 300 Appalachian gas independents. Dramatically improved relationships increased inlet gas supplies into processing plants by 40% producing an upsurge of process gas load from an initial 90 MMcfd to 125 MMcfd. Outstanding performance award 2001. Originated and sourced midstream natural gas assets including natural gas transmission and gathering systems as well as processing plants and terminals. Entered final bidding negotiations for $200+ Million of midstream assets. Managed industrial and commercial natural gas sales for Region. Coordinated with Houston trading desk to develop structural products and financial/physical trades. Sourced Appalachian gas for local retail customers and for Gulf Coast customer base. Developed retail end user gas customers along eastern seaboard. Closed purchasing agreements for 65+ MMcfpd of gas supply and retail net margin sales of $1+ Million per year. 3 office. (subsidiary Meridian Exploration) Identified long-term and spot industrial end-user natural gas markets. Handled fuel management and natural gas fuel procurement services for industrial, commercial and co-generation accounts. Aggregated gas supplies for sale to local distribution companies. Directed transportation and exchange operations specifically for gas scheduling. Built natural gas producer/supplier base and contracted long-term retail industrial/commercial customers. Generated over $1.5M per year of net margin income from closed fuel management, gas supply and end- user sales contracts. Total oversight of oil/gas division with staff of 25. Provided expertise to build and acquire key assets resulting in formation of a viable energy division. Accountable for ongoing business development natural gas marketing division fuel management of aluminum company and exploration drilling and production operations. Financed drilling programs through syndication and limited partnership formation. Supervised production for oil/gas drilling programs. Provided oversight for entire oil and gas operations. Performed well site geology and engineering work for producer clients including prospect generation drilling oversight and completion services. Designed drill stem tests coring geophysical and mud logging programs. Involved in casing stimulation and completion programs. Prepared reserve study reports and managed well site engineering services for Rocky Mountain Business Unit.
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